Search Results for “Earthquake”

Fast Facts on Earthquake Insurance

Search Results for “Earthquake” The recent earthquake swarm in our state has many consumers talking about and purchasing earthquake insurance. The truth is that Oklahoma rests along a fault line and has always experienced earthquakes, but in the past few years they’ve become more frequent. Since January 2009, the earthquake activity in Oklahoma has been [...]

Shaken But Not Broke: The Value of Earthquake Insurance

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Earthquakes

Search Results for “Earthquake”   Earthquakes have increased in Oklahoma over the last several years. Many people are now considering earthquake insurance to protect their property. Here are some common questions people have about the coverage. Do I need earthquake insurance? A standard homeowner’s policy does not cover earthquake damage. Earthquake insurance is available as [...]

Earthquake Insurance: What You Need To Know

Search Results for “Earthquake” For Immediate Release: February 15, 2024 Earthquake Insurance: What You Need To Know By Oklahoma Insurance Commissioner Glen Mulready   The Oklahoma Insurance Department (OID) kicked off February with a post on X, formerly known as Twitter, announcing our Earthquake Awareness Month social media campaign. Ironically enough, a 5.1 magnitude quake struck [...]

Earthquake Awareness Month

Search Results for “Earthquake” For Immediate Release: February 24, 2023 Earthquake Awareness Month   According to the most recent report from the United States Geological Survey, almost half of all Americans are at risk for damage from an earthquake. Unlike other disasters, earthquakes occur with no warning. Unfortunately, standard homeowners and renters policies don’t cover [...]

Home Insurance Policies

Search Results for “Earthquake” Policy Forms Used by the 10 Largest Homeowners' Insurance Groups in Oklahoma As an informational resource for consumers, the Oklahoma Insurance Department offers on this Web page, downloadable copies of homeowners’ insurance policy forms and mandatory amendatory endorsements offered by the 10 largest insurance groups writing homeowners’ insurance in Oklahoma. The [...]

Attorney General Hunter, Insurance Commissioner Mulready Announce $25 Million Settlement with Farmers Insurance

Search Results for “Earthquake” April 5, 2021 Attorney General Hunter, Insurance Commissioner Mulready Announce $25 Million Settlement with Farmers Insurance   OKLAHOMA CITY – Attorney General Mike Hunter and Insurance Commissioner Glen Mulready today announced a $25 million settlement with Farmers Insurance for the company’s handling of earthquake claims. An investigation revealed that Farmers denied [...]

BULLETIN NO. 5-2023

Search Results for “Earthquake” BULLETIN NO. 5-2023 To: Oklahoma Licensed Resident Producers, Adjusters, and Continuing Education Providers Re: Earthquake CE Requirement: Oklahoma Administrative Code 365:25-3-1 and 365:25-3-14 From: Glen Mulready, Insurance Commissioner Date: July 25, 2023   Effective September 1, 2023, the one-hour earthquake continuing education requirement will no longer be applicable for licensees holding [...]

Six New Year’s Insurance Resolutions

Search Results for “Earthquake” The New Year is a great time to take stock of our lives. You might be focusing on your health or your finances. But I would encourage you to start 2016 by reviewing your insurance coverage. Your insurance policies and insurance needs change over time as you move, switch jobs, add [...]